$175,000 price reduction - now 8% return


82 and 84 Bridge Street, Nelson

Asking Price NZD $1,220,000 + GST (if any)

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$175,000 price reduction - now 8% return | 82 and 84 Bridge Street, Nelson | 4002479 |      X Close
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$175,000 price reduction - now 8% return


The owners instructions are clear, this price will only be offered once and will not be around for long. Act now to secure an 8% return on your investment in Nelson CBD.

The property occupies 435sqm of inner city-centre zoned land over two titles, with frontage to Bridge Street and Buxton Square. Currently configured as four individual tenancies with Shoe Clinic and Electrify NZ on Bridge Street and Nelson Relax and Alibi Hair & Beauty on Buxton Square, generating a total net annual income of $97,899 + GST + OPEX.

• Net annual income- $97,899 + GST + OPEX

• Recently renewed leases and some refurbished tenancies

• Four individual leases anchored by Shoe Clinic with new 6 year lease from 1 Nov 2019

• Two street frontages, Bridge Street and Buxton Square

• Located approximately 70 metres east of Trafalgar Street

• 435sqm land area over two titles

• 67% NBS

82 & 84 Bridge Street are being offered for sale collectively, with an asking price of $1,220,000 + GST (if any).

Commercial investment property at this price will not last long, be quick to secure your piece of Nelson's inner-city commercial property. Call now to request the full information memorandum.

Paul Vining

Nelson

Licensed under the REA Act 2008

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82 and 84 Bridge Street, Nelson

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Paul Vining

Nelson

Licensed under the REA Act 2008

View profile